Bank for International Settlements
BIS
Speech
Key interest rate held at 2.25 percent as growth resumes
The Bank of Canada maintained its policy interest rate at 2.25 percent on July 15, 2026.
Focus
BIS
Speech
Geoeconomic and non-bank risks endanger stability, Chan warns
Structural shifts across geoeconomics, non-bank finance and technological disruption are reshaping global financial stability risks, Hong Kong Monetary Authority Deputy Chief Executive Darryl Chan warned at a joint workshop in Hong Kong on July 13, 2026.
BIS
Speech
UK potential growth falls to 1.3 percent amid productivity slump
Bank of England Governor Andrew Bailey warned that UK potential annual growth has fallen to 1.3 percent since the financial crisis.
Latest
BIS
Data
Cross-border bank credit grows 11 percent to $39.5 trillion
Global cross-border bank credit expanded 11 percent year-on-year to $39.5 trillion at the end of March 2026.
BIS
Data
Euro share of foreign currency credit reaches 28 percent
Foreign currency credit in US dollars and euros expanded in the first quarter of 2026, with euro debt growing 12 percent annually.
BIS
Speech
New framework guides additional monetary tools at low rates
The Reserve Bank of Australia has released a new framework guiding the use, design, and exit of additional monetary policy tools when interest rates are low.
More Topics
BIS
Speech
Agentic AI accelerates cyber and market risks, Breeden warns
Bank of England Deputy Governor Sarah Breeden warned at the ECB Sintra Forum that agentic AI is rapidly expanding financial stability risks across cyber defense, trading, and retail payments.
BIS
Speech
Panetta calls for patient capital to drive artificial intelligence
Bank of Italy Governor Fabio Panetta urged financial institutions to provide risk capital and patient finance to support artificial intelligence adoption.
BIS
Speech
Standing policy coordination risks ECB credibility, Makhlouf warns
Central Bank of Ireland Governor Gabriel Makhlouf warned that standing policy coordination between fiscal and monetary authorities risks eroding central bank credibility.
BIS
Speech
HKMA and PBoC expand Bond Connect quota to 800 billion yuan
Hong Kong Monetary Authority Chief Executive Eddie Yue detailed 11 financial measures agreed with the People's Bank of China to deepen cross-border connectivity.
BIS
Paper
AI investment surge complicates central bank policy calibration
A new BIS Bulletin examines how the artificial intelligence investment boom is driving economic growth while blurring cyclical signals for central banks.
BIS
Paper
Covariance structure drives SVAR impulse response asymmetry
A Federal Reserve Bank of Philadelphia working paper by Arias, Rubio-Ramírez, and Waggoner demonstrates that asymmetry in structural vector autoregression impulse responses stems from reduced-form covariance structures rather than Bayesian priors over orthogonal matrices.